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Stock impact report

How Much Upside is Left in Corbus Pharmaceuticals (CRBP)? Wall Street Analysts Think 318.33% [Yahoo! Finance]

Corbus Pharmaceuticals Holdings, Inc. (CRBP) 
Last corbus pharmaceuticals holdings, inc. earnings: 3/12 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: corbuspharma.com
Company Research Source: Yahoo! Finance
Corbus Pharmaceuticals (CRBP) closed the last trading session at $10.04, gaining 26.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $42 indicates a 318.3% upside potential. The mean estimate comprises nine short-term price targets with a standard deviation of $8.99. While the lowest estimate of $28.00 indicates a 178.9% increase from the current price level, the most optimistic analyst expects the stock to surge 427.9% to reach $53.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price Show less Read more
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